Low Income Apartments and Affordable Housing For Rent in New Concord, OH

Discover affordable housing in New Concord where there are 3+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Evergreen Village

201 Lakeside Dr, New Concord, Ohio 43762

Concord Square Apartments

10 Old Rix Mills Rd, New Concord, Ohio 43762

New Concord Duplexes

290 Old Rix Mills Rd, New Concord, Ohio 43762

calendar_today Opens: Apr 8
calendar_today Closes: Apr 15,

Reported On March 25th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In New Concord, Ohio
$16.53/hour
$9.53 (+136%) more than Ohio minimum wage and $9.28 (+128%) more than the Federal minimum wage.
Learn More About New Concord, Ohio Affordable Housing ↓

What HUD offices serve New Concord, Ohio?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency programs for New Concord, Ohio.

Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near New Concord.

How many renters live in New Concord, Ohio?

The City of New Concord has 2,593 people living in 647 households.

There are 645 renters living in 296 renter households in this City. Renters make up 24.87 percent of the population living in New Concord.

What is the rental market like in New Concord, Ohio?

There are an estimated 679 housing units in the New Concord area. Of these, 316 units are rental homes, making up 47 percent of the housing market. For every renter household in New Concord, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in New Concord?

The rental vacancy rate in New Concord is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in New Concord for each bedroom size?

Occupied Rental Units by Size in New Concord
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 62 127 67 26
Occupied Rental Units by Size in New Concord

A large number of apartments in New Concord have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in New Concord are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 12 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in New Concord

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $678 to $1,225. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $678
One BR $682
Two BR $873
Three BR $1,164
Four BR $1,225
2024 Fair Market Rents in New Concord, Ohio

How many units are rented at Fair Market Rent (FMR) in New Concord?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 49 79 percent
Two BR 78 61 percent
Rental Units Below FMR in New Concord, Ohio

How many affordable rental units are in New Concord?

There are a variety of federal affordable housing programs serving households in New Concord, Ohio including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 50
USDA Section 515 Rural Rental Housing 108
Tracked Units by Federal Program in New Concord, Ohio

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in New Concord, Ohio

New Concord features 108 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in New Concord, Ohio

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Concord.

Housing Choice Vouchers in New Concord, Ohio

On average, Section 8 Housing Choice vouchers pay New Concord landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in New Concord.

The maximum amount a voucher would pay on behalf of a low-income tenant in New Concord, Ohio for a two-bedroom apartment is between $786 and $960.

Sourced from federal housing data and AffordableHousingOnline.com research.